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PROPERTY, PLANT AND EQUIPMENT
12 Months Ended
Dec. 31, 2012
Property, Plant and Equipment [Abstract]  
PROPERTY, PLANT AND EQUIPMENT

5. PROPERTY, PLANT AND EQUIPMENT

 

Property, plant, and equipment consisted of the following at December 31, 2012 and December 31, 2011:

 

    2012     2011  
Land   $ 650,000     $ 650,000  
Building and leasehold improvements     19,366,000       14,999,000  
Equipment and fixtures     51,511,000       47,657,000  
Vehicle     147,000       170,000  
    $ 71,674,000     $ 63,476,000  
Less accumulated depreciation and amortization     31,565,000       24,624,000  
Property, plant and equipment- net   $ 40,109,000     $ 38,852,000  

 

Substantially all of the Company’s property, plant and equipment are pledged as collateral for various loans (see Note 12).

 

Depreciation and amortization expense for the years ended December 31, 2012, 2011 and 2010 was $10,116,000, $7,024,000, and $4,700,000, respectively.